Shield Protection is a special benefit available to Instant Funded Accounts.
It allows traders to gradually increase their Maximum Drawdown protection.
Example: A trader starts with a 5% Maximum Drawdown allowance. After claiming their 4th qualifying reward, their drawdown allowance increases to 5.5%. After the 8th, 12th, and 16th qualifying rewards, it increases to 6.0%, 6.5%, and 7.0% respectively, reaching the maximum Shield Protection of +2%.
How does it work?
How does it work?
For every 4th qualifying Reward, your Maximum Drawdown receives an additional:
+0.5% protection
The maximum additional protection is:
+2%
This can increase your Maximum Drawdown from the original 5% to as much as 7%.
Qualifying Reward Milestone | Extra Shield | Maximum DD |
Start | — | 5.0% |
4th | +0.5% | 5.5% |
8th | +1.0% | 6.0% |
12th | +1.5% | 6.5% |
16th | +2.0% | 7.0% |
What is a qualifying Reward?
What is a qualifying Reward?
A qualifying Reward must be at least:
$50 or 2% of the initial account balance, whichever is greater.
For both current Instant Account sizes, this means a qualifying Reward must currently be at least $50.
Example
A trader begins with a 5% Maximum Drawdown.
After their:
4th qualifying Reward → 5.5%
8th qualifying Reward → 6%
12th qualifying Reward → 6.5%
16th qualifying Reward → 7%
Once 7% is reached, the maximum Shield Protection has been achieved.